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<div class="text-justify">Continuing with our posts on the probability and direction of Bitcoin's price action, today I wanted to share with you an analytical approach to the current Bitcoin price range after breaking the $70,000 level. </div>
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<div class="text-justify">While there are several hypotheses, one common element in the current Bitcoin bull run has unique characteristics, namely having broken the all-time high of the previous bull cycle prior to the halving that Bitcoin will have in the month of April. </div>
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<div class="text-justify">Another element to consider is that, "Although the volatility inherent in cryptocurrency markets remains, a mix of regulatory changes, technological advances and macroeconomic factors suggests that the industry is entering a period with the potential to reshape the future of digital assets." </div>
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<div class="text-justify">Consequently, it is worth considering various scenarios before planning any market entry or exit, as the Bitcoin price action development has been sideways and losing volatile strength in the last week, which makes it urgent to cautiously follow the movements to avoid unnecessary losses. </div>
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<div class="text-justify">According to Bary Rahma of the BeinCrypto portal, "Unlike previous bullish phases, Bitcoin price fluctuations are becoming less extreme. This is indicative of a maturing market and potentially signals more stable growth in the future. </div>
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<div class="text-justify"><h3>SOURCES CONSULTED</h3></div>
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<div class="text-justify"><strong> Cointelegraph. </strong> Kraken executive: This bull rally in cryptocurrencies is "like no other." <a href="https://es.beincrypto.com/ejecutivo-kraken-rally-alcista-criptomonedas-no-parece-otro/" rel="noopener" title="This link will take you away from steemit.com"> Link </a></div>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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<div class="text-justify"> The cover image does not belong to the author: @lupafilotaxia, the image was taken from: <a href="https://es.beincrypto.com/ejecutivo-kraken-rally-alcista-criptomonedas-no-parece-otro/" rel="noopener" title="This link will take you away from steemit.com"> BeinCrypto </a></div>
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